Levi Strauss: Strong DTC Sales At A Cheap P/E Multiple

Levi Strauss is poised for continued outperformance driven by robust sales momentum and a compelling valuation. The company's Q2 beat-and-raise, fueled by accelerated marketing and strong comparable sales growth, supports a bullish thesis. Levi Strauss has a raised FY26 outlook, aided by a weaker US dollar and operational discipline.